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Implementing Good Regulatory Practice in Malaysia

image of Implementing Good Regulatory Practice in Malaysia

This report examines Malaysia's early experience of implementing regulatory impact analysis (RIA) to support evidence-based rule making. The introduction of RIA is a key element of Malaysia's National Policy on the Development and Implementation of Regulations, launched in 2013. Malaysia has put in place the institutional infrastructure for implementing RIA at a rapid pace, learning from the experiences of a number of OECD countries among them Australia, the Netherlands, Korea and Mexico. However, Malaysia needs to move its attention from advocacy and awareness raising to guiding and supporting regulators to apply RIA. This report's recommendations focus on the need for the government of Malaysia to: consolidate the implementation of RIA over the medium-term; integrate RIA into Malaysia's policy-making processes; and build the capacity inside government necessary for ensuring high-quality RIA. Implementing these recommendations will assist not only Malaysia's domestic policy goals but also promote regional integration in Asia Pacific Economic Cooperation (APEC) and the Association of Southeast Asian Nations (ASEAN) through supporting regulatory convergence.

English

Integrating regulatory impact analysis in the Malaysian policy-making process

The OECD Recommendation on Regulatory Policy and Governance states that regulatory impact analysis (RIA) should be integrated into the early stage of policy making. This chapter examines the role of RIA in Malaysia’s policy-making process within the framework of the National Policy on the Development and Implementation of Regulations (NPDIR). The chapter discusses: i) the Regulatory Management Process Requirements and responsibilities of regulators, the National Development Planning Committee (NDPC) and the Malaysia Productivity Corporation (MPC); ii) the relationship between RIA and cabinet decision-making processes as well as development planning; and iii) co-ordination between MPC and other central government bodies with roles linked to assuring high-quality regulation, including the Economic Planning Unit (EPU) and Attorney Generals Chambers (AGC).

English

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